GBP USD Forecast: Pound Sterling could meet next resistance at 1 2530

You’ll now see the value of the converted currency according to the most recent exchange rate. As the week progressed, easing trade war fears and a sharper-than-expected slowdown in January’s ISM Services PMI weighed on the USD. However, a shift in market sentiment toward the end of the week helped the ‘Greenback’ recover some losses as investors turned to the safe-haven currency.

Is GBP up or down compared to USD in the last

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British pounds sterling to US dollars today

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GBP/CZK

If a country produces highly sought-after exports, its currency will benefit purely from the extra demand created from foreign buyers seeking to purchase these goods. Therefore, a positive net Trade Balance strengthens a currency and vice versa for a negative balance. Growing optimism about a Russia-Ukraine truce and a lack of fresh headlines surrounding US bitfinex review President Donald Trump’s trade policy allowed risk flows to return to markets. The UK’s Office for National Statistics (ONS) reported early Thursday that the UK’s Gross Domestic Product (GDP) expanded at an annual rate of 1.4% in the fourth quarter.

The economic policies of the Trump administration are starting to take shape. Barchart Plus Members have 10 downloads per day, while Barchart Premier Members may download up to 250 .csv files per day. This tool will download a .csv file for the View being displayed. For dynamically-generated tables (such as a Stock or ETF Screener) where you see more than 1000 rows of data, the download will be limited to only the first 1000 records on the table. For other static pages (such as the Russell 3000 Components list) all rows will be downloaded. The list of symbols included on the page is updated every 10 minutes throughout the trading day.

GBP/USD Exchange Rate Performance One Month:

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Scroll through widgets of the different content available for the symbol. The “More Data” widgets are also available from the Links column of the right side of the data table. Whether you need to make cross-border payments or FX risk management solutions, we’ve got you covered. Schedule international transfers across 130 currencies in 190+ countries. In other states, the program is sponsored by Community Federal Savings Bank, to which we’re a service provider.

  • The base currency is picked from the left column, while the quote currency is picked from the top row.
  • You can send a variety of international currencies to multiple countries reliably, quickly, and safely, and at a rate cheaper than most banks.
  • Sorted by contract year, the page shows contracts and prices along with the last trade date for the contract.
  • Its primary tool for achieving this is the adjustment of interest rates.
  • The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

GBP into USD Average Daily Volumes Traded:

Sorted by contract year, the page shows contracts and prices along with the last trade date for the contract. Click on any symbol, including expired futures contract symbols, to view quote and chart data. US Dollar 🔻fell by -0.02% (-0.0003) against the British Pound Sterling as compared to the previous closing exchange rate. Alternatively, you may try converting US Dollar to Pound Sterling. Another significant data release for the Pound Sterling is the Trade Balance. This indicator measures Forex day trading the difference between what a country earns from its exports and what it spends on imports over a given period.

  • Both currencies are popular and you won’t have problems when transferring them via Paypal, Moneygram or Western Union.
  • Additionally, the core CPI, which excludes volatile food and energy prices, rose by 0.4% on a monthly basis, following the 0.2% rise recorded in the previous month.
  • Xe’s proprietary rates are sourced directly from financial data providers and reputable banks.
  • However, a shift in market sentiment toward the end of the week helped the ‘Greenback’ recover some losses as investors turned to the safe-haven currency.
  • We cannot guarantee 100% accuracy of third-party providers.

Currency email updates

Compare our rate and fee with our competitors and see the difference for yourself. Exchange-rates.org has been a leading provider of currency quotes and precious metal prices for nearly 20 years. Our information is trusted by millions of users across the globe each month . We have been featured in some of the most prestigious financial publications in the world including Business Insider, Investopedia, Washington Post, and CoinDesk. You can send a variety of international currencies to multiple countries reliably, quickly, and safely, and at a rate cheaper than most banks. As we look to the upcoming week, several key indicators are expected to influence the GBP/USD exchange rate, particularly the release of the US Consumer Price Index (CPI).

This reading followed the 1% growth recorded in the previous quarter and surpassed the market expectation of 1.1%. Other data from the UK showed that Industrial production and Manufacturing Production increased by 0.5% and 0.7%, respectively, on a monthly basis in December. Analyze rate trends for any currency over a few days, weeks, months, or years. Get an automated currency feed through the Xe Currency Data API.

By | 2025-02-18T02:12:09+00:00 January 14th, 2025|Forex Trading|